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KUNMING, Jan. 22 (Xinhua) -- Chinese President Xi Jinping stressed strengthening grassroots units to build a stronger army, while he was addressing troops based in Kunming in southwest China's Yunnan Province.

"Since the gist of the book is about whether China's core interests are compatible with its idea of peaceful development, we should first and foremost make clear about what China's core interests are," he said.

We drew on further opening up to boost reform and development. We expanded the China (Shanghai) Pilot Free Trade Zone and established similar zones in Guangdong, Tianjin, and Fujian. We worked to keep exports stable and increase imports, and China' s international market share in exports continued to increase. Foreign direct investment actually made in China reached 9.6 billion, making the country the world' s top destination for foreign direct investment. China' s outward foreign direct investment reached 2.9 billion, meaning that outward investment has come to draw even with inward investment. China' s free trade zone arrangements with Iceland and Switzerland were officially launched, and China completed substantive talks on free trade zones with the Republic of Korea and Australia. Major progress was made in cooperation with other countries in fields such as railways, electric power, oil, natural gas, and communications. Chinese equipment is making significant strides into the international market.

Reciprocal investment also continues to grow with Spanish statistics showing that last year Chinese investment in Spain was worth 933 million euros (1.049 million US dollars).

Meanwhile, the United States will effectively manage and control the differences between the two nations in a sincere and constructive way and keep the sound momentum of the U.S.-China ties, Rice said.